Lately I’ve been thinking a lot about the digital revolution and the changes that it is driving in the economy. We are seeing a bifurcation between the old 19th and 20th century manufacturing based industries and the 21st century digital economy. This is a shift from creation of tangible products to the creation of digital products. These digital products are not intangible. We still touch … Continue reading Digital economy and the digital revolution
Social business is the new trend following on from Enterprise 2.0 – but underlying it is an essential conflict between two different styles of doing business. The conflict is between businesses optimized for efficiency and those optimized for the creation of value. Greg Satell encapsulates this conflict neatly in his 2010 post Creating Efficiency vs. Creating Value. He raises the notion of Kuhnian paradigm shifts … Continue reading The business of social business
Over the past several years I have come to think that capitalism as practised in the western world is fundamentally broken. Even before the global financial crisis (GFC) this feeling was strong. But in the aftermath of the GFC my discomfort with modern capitalism has continued to grow. Nothing I have seen, read or heard has shifted my perception. I know and understand the world … Continue reading If capitalism is broken is social innovation a way to fix it?
The Headshift team is running a short event on the 23rd November, here in Sydney: Everyone is talking about social media, social networks, Facebook, YouTube and Twitter but not many people are discussing how to be a socially designed business. A social business is one where we use the opportunities presented by new technologies to deliver business value – to reduce costs, increase effectiveness or … Continue reading Headshift event: Social Business Design – Pathways to Success on 23/11 in Sydney